Divorce & Forensic Accounting: WHERE IS THE MONEY? with Forensic Accounting Manager Robyn Hazel

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Dodging Divorce Disasters

Lori Hawkins, Certified Divorce Real Estate Expert (CDRE)

14 episodes

2 days ago

Divorce requires you to make so many decisions-Legal, Emotional, Financial. How great would it be to hear advice, from experts in the field of divorce, that would help you dodge a few divorce disasters! Make your life a little easier in the midst of confusion. And that's where this podcast comes into play. I interview experts from within the world of divorce to explain their client's craziest divorce story and then advise you on how NOT to make that same mistake. You'll hear from attorneys, CDFA's, therapists, coaches, PI's, CDRE's. Any expert you may need to get you across the finish line.

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All content for Dodging Divorce Disasters is the property of Lori Hawkins, Certified Divorce Real Estate Expert (CDRE) and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

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Divorce & Forensic Accounting: WHERE IS THE MONEY? with Forensic Accounting Manager Robyn Hazel

Dodging Divorce Disasters

32 minutes 27 seconds

2 weeks ago

Divorce & Forensic Accounting: WHERE IS THE MONEY? with Forensic Accounting Manager Robyn Hazel

*SummaryIn this conversation, Lori Hawkins interviews Robyn Hazel, a forensic accountant, who shares insights into the role of forensic accountants in divorce cases. Robyn discusses the importance of documentation, common financial mistakes to avoid during divorce, and how business valuations are conducted. She also shares personal anecdotes and advice for both business owners and their spouses navigating the divorce process. The conversation emphasizes the need for transparency and proper financial planning during divorce, highlighting that financial lives will change post-divorce.Takeaways*Forensic accountants help uncover hidden financial issues during divorce.*Documentation is crucial in divorce cases to support claims and decisions.*Ignoring tax implications can lead to costly mistakes in divorce settlements.*Co-mingling funds can complicate asset division and require forensic analysis.*Cash flow is more important than net worth when considering divorce settlements.*Future modifications in child support and alimony should be anticipated and planned for.*It's essential to gather as much financial documentation as possible before divorce proceedings.*Legal fees can escalate quickly; pick your battles wisely during divorce negotiations.*Be honest about business expenses to avoid complications during valuations.*Consulting with an attorney early in the process can provide valuable guidance.Chapters00:00 Introduction to Forensic Accounting02:46 Understanding the Role of Forensic Accountants05:54 Personal Insights and Fun Facts09:00 Navigating Divorce: Crazy Stories and Lessons Learned11:15 The Importance of Documentation in Divorce14:07 Financial Mistakes to Avoid During Divorce17:00 Preparing for Business Valuations in Divorce19:40 Advice for Non-Business Spouses22:35 What Every Divorcing Client Should Know About Money